Budget 2016 Big, Bold and Progressive: Lanka Securities
Nov 22, 2015 (LBO) – Lanka Securities Research has released their preliminary assessment of the budget proposals with its impact on the listed companies. buy …
Economy & Markets
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Chamber welcomes Budget as Investment and Development Oriented
Nov 22, 2015 (LBO) – The Ceylon Chamber of Commerce has welcomed the Budget 2016 for its measures to boost private investment and promote inclusive economic …
Govt to raise Rs20bn from new excise duty for motor cars
Nov 20, 2015 (LBO) – Sri Lanka’s government is to introduce a unit rate of excise duty for the vehicles on the basis of cubic centimeters (cc) that …
Banks to cease leasing from June, charges on cash withdrawal: Budget 2016
Nov 20, 2015 (LBO) – Sri Lanka’s banks have been asked to cease leasing activities from 01st of June next year while pawning should be limited to five …
Sri Lanka to allow tea imports within regulatory framework: Fin Min
Nov 20, 2015 (LBO) – Sri Lanka plans to liberalize the tea industry through allowing tea to be imported into the country within a regulatory framework, …
Budget 2016 Coverage – Proposals and Full Speech
Nov 20, 2015 (LBO) - Sri Lanka's Finance Minister Ravi Karunanayake commences the 2016 budget speech in Parliament. Key points: Proposals Micro, small and …
Sri Lanka to increase bursary payment for university students
Nov 20, 2015 (LBO) – Sri Lanka’s Higher Education and Highways Ministry has taken steps to minimize the gap between Mahapola Scholarship holders and …
Wake up call for business community tomorrow: Finance Minister
Nov 19, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake on Thursday pledged business community that the 2017 budget will be a wake-up call for …
Sri Lanka stocks close up 0.5-pct: JKH gains
Nov 19, 2015 (LBO) – Sri Lankan stocks closed up at 0.55 percent on Thursday with gains in John Keells Holdings and some banking and finance sector stocks, …
Sri Lanka to draft legislation to abolish Executive Presidency, improve electoral system
Nov 19, 2015 (LBO) – Sri Lanka plans to draft legislations to abolish the Executive Presidency and to transfer the powers to the Parliament while introducing …
Sri Lanka local authorities act to increase women’s representation to be amended
Nov 19, 2015 (LBO) – Sri Lanka is to amend the local authorities act so as to increase women’s representation in local authorities. Although about 51 …
Harsha Calls for Evidence Based Policy Making
Nov 19, 2015 (LBO) – Sri Lanka Deputy Minister of Foreign Affairs Harsha de Silva articulated the need for evidence based policy making in the complex world …
Poll: Sri Lanka market evenly divided on possible US rate change
Nov 19, 2015 (LBO) - Sri Lanka market participants are evenly divided on whether the U. online pharmacy …
Sri Lanka to set standards for red clay roofing tiles upon asbestos ban
Nov 19 (LBO) – Sri Lanka is in the process of setting quality standards for red clay roofing tiles while increasing productivity to reduce cost of production …
Sri Lanka Treasury bill yields down; 6-month yield down 37 bps
Nov 18, 2015 (LBO) – Sri Lanka’s Treasury bill yields were down on Wednesday’s auction with the 6-month yield dropping 37 basis points to 6. buy …
Sri Lanka corporates hope for business friendly budget
Nov 18, 2015 (LBO) - Sri Lanka's business community is looking foward to budget proposals that support the rapidly changing dynamics of the economy and address …
Sri Lanka stocks close higher 0.06-pct: Budget concerns
Nov 18, 2015 (LBO) – Sri Lankan stocks closed higher at 0.06 percent on Wednesday with low turnover and volumes as investors kept on the side lines ahead of …